My trading journey. Now inclined to AHG style of trading, without indicator. This is very similar to what DBPhoenix advocate - The Wyckoff style of trading.
Accuracy is of no concern, but expectancy is.
Tuesday 8 July 2008
Magnitude of trade
Two charts here, the first is trading within a range of 50 ticks. Entries has target of 10 ticks and stops ~ 10 ticks.
2nd chart has a much bigger range. In fact the day range of YM. Trading this chart will have a stop of ~30 ticks and target of ~80 ticks. Which is better???
